Argo Corporation Reports Third Quarter 2025 Financial Results

Core Insights - Argo Corporation reported its financial results for Q3 2025, highlighting the success of its Smart Routing™ AI-powered transit solution and its ongoing municipal deployments [1][2]. Financial Performance - The company recognized early revenue contributions from its Smart Routing™ deployment in BWG and anticipates revenue from a $10.9 million agreement with the City of Brampton starting from November 26, 2025 [3]. Product and Service Developments - Argo's Smart Routing™ system integrates electric buses, charging infrastructure, and real-time routing software to provide on-demand transit services [2]. - The deployment in BWG resulted in a 5.5x increase in monthly transit connections to Bradford GO Station compared to the baseline prior to the launch [5]. Strategic Partnerships - The company launched its service in downtown Brampton under a 12-month agreement, enhancing the existing public transit network [5]. - An agreement with Metrolinx allows for the integration of PRESTO fare collection devices on Argo's buses, facilitating seamless fare transfers with existing transit networks [5]. Market Expansion - Argo is actively engaging with multiple municipalities and transit agencies to expand its Smart Routing™ system, driven by interest following successful deployments [5].